Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "My view on Divis Laboratories is not very conducive because pharmaceutical stocks are languishing and Divis is part of that. I don’t think this is news is going to bring it to a bull orbit. So investors can as well wait patiently."
"Bharat Forge is a buying opportunity. There are so many buying opportunities today. We spoke about how the midcap index itself is doing much better. So that theme continues. Bharat Forge is a buy, it is now breaking out into new grounds."
"BPCL after a sharp correction has already been showing some life and some momentum and justifies buying for the day."
"Finally, Voltas which is a buy, not just for the day, but could be considered as a positional trade. You could buy it and hold it for a few weeks. So, just be on the long side," he said.
"My advice would be to hold on to HDFC Bank. Do not worry about one or two day price movements or a few weeks. HDFC Bank has been a distinct rewarder and in this bull market it is going to be an outperformer again. It is a bluechip company and one of the best, so, stay with it and hold on. In fact if there is a sharp correction, I would suggest you add to it," he said.
"Engineers India (EIL) has been in a trading range for years; I think maybe two years. So my suggestion is if you are looking at a three to six month time horizon, sell and get out. It is very unlikely that we will see a breakout in the next three or six months, so just exit," he added.
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